Friday ticker

Alamo Planning To Rent Used Cars

March 08, 1996|By Stanley Ziemba.

Alamo Rent-A-Car Inc., the nation's largest independently owned rental-car agency, will begin to stock its rental fleet with low-mileage, less-than-a-year-old used autos in an effort to cut costs. The Florida-based company had purchased some 175,000 new cars last year.